Puzanov and Pak Geum-cheol exchange their opinions on the Soviet-North Korean relationship, Soviet economic aid toward North Korea, and North Korea's policies toward South Korea.

In the wake of the Taiwan Strait Crisis, the Soviet Union promises to intervene in the event of a nuclear attack on China from the United States.

In this memorandum to the Soviet Presidium, Foreign Minister Molotov proposes that the Soviet Union publicly state its willingness to consider joining NATO. He explains that the proposal is intended to disrupt the formation of the European Defense Community and the rearmament of West Germany, and also limit the United State's influence in Europe.

Soviet Ambassador to the US, Nikolai Novikov, describes the advent of a more assertive US foreign policy. Novikov cautions the Soviet leadership that the Truman administration is bent on imposing US political, military and economic domination around the world. This telegram has, since its discovery in the Russian archives, been labelled the Soviet equivalent of US Ambassador to the Soviet Union George Kennan's "Long telegram."